(Bloomberg) — Deutsche Bank AG intends to make about half its 18,000 planned job cuts in Germany as it relies on savings at the retail units to lower costs, according to people familiar with the matter.The lender employed about 41,700 people in its home market at the end of last year, out of a total of 91,700. Outside Germany, London will also be hit especially hard, partly because of Brexit, while the U.S. may see a lower share of front-office cuts once the bank has exited its equities trading business, the people said, asking not to be identified because talks …read more
Source:: Yahoo Finance
